🚨 Futures Alert: positioning got weird this hour
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: open interest +13.9% in 1h to 45.5M, funding at -0.833%, 403K liquidated in 1h (mostly shorts).
Price +37.7% on the day, top traders' long/short at 0.89.
ONE: funding at -0.162%.
Price +24.4% on the day, top traders' long/short at 1.09.
CYBER: funding at -0.128%.
Price +3.7% on the day, top traders' long/short at 1.38.
Leverage this stacked makes me nervous just reading it. Numbers above, no opinion on direction.
#Futures #CryptoTrading $INIT $ONE $CYBER
Scrolled the perps board again and a few of these numbers look off. Worth a closer look:
INIT: open interest +13.9% in 1h to 45.5M, funding at -0.833%, 403K liquidated in 1h (mostly shorts).
Price +37.7% on the day, top traders' long/short at 0.89.
ONE: funding at -0.162%.
Price +24.4% on the day, top traders' long/short at 1.09.
CYBER: funding at -0.128%.
Price +3.7% on the day, top traders' long/short at 1.38.
Leverage this stacked makes me nervous just reading it. Numbers above, no opinion on direction.
#Futures #CryptoTrading $INIT $ONE $CYBER